Arvind Subramanian, Author, "Eclipse: Living in the Shadow of China's Economic Dominance," to speak at WWS, November 19
Arvind Subramanian, who is senior fellow jointly at the Peterson Institute for International Economics and the Center for Global Development, will discuss his book, "Eclipse: Living in the Shadow of China's Economic Dominance (2011)," at the Woodrow Wilson School on Monday, November 19, 2012, at 4:30 p.m., Dodds Auditorium, Robertson Hall. The discussion is part of the Wilson School’s "Emerging Markets and Economic Development" thematic lecture series and will include a book sale, signing and public reception immediately following the talk in Shultz dining room.
In the book, “Subramanian argues that China has already become the most economically dominant country in the world in terms of wealth, trade and finance. Its dominance and eclipsing of US global economic power is more imminent, more broad-based and larger in magnitude than anyone has anticipated. Subramanian compares the economic dominance of China with that of the two previous economic superpowers, the United States and the United Kingdom, and highlights similarities and differences. One corollary is that the fundamentals are strong for the Chinese currency to replace the dollar as the world's reserve currency. The final chapter forecasts how the international economic system is likely to evolve as a result of Chinese dominance.”
Subramanian is a former economist at the International Monetary Fund and is an expert on the economics of India, China, and the changing balance of global economic power. He has written and been published widely in academic and other journals on topics relating to growth, trade, development, institutions, aid, oil, India, Africa, and the World Trade Organization. In 2011, Foreign Policy magazine named him as one of the world's top 100 global thinkers.
The event will be archived online for later viewing on the Woodrow Wilson School’s web media site – http://wws.princeton.edu/webmedia.